Albany International engages in textile and materials processing businesses. The Company operates through two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing. This segment offers forming, pressing, dryer fabrics, and process belts. It also provides customized and consumable fabrics that are used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, tannery, and textile industries; and sells its products directly to end-user customers. The AEC segment designs, manufactures, and markets composite structures primarily to customers in the aerospace and defense industries.

Employee Rating

3.1More
TypePublic
HQRochester, US
Founded1895
Size (employees)4,400 (est)
Websitealbint.com
Albany International was founded in 1895 and is headquartered in Rochester, US
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Key People/Management at Albany International

Olivier Jarrault

Olivier Jarrault

President, Chief Executive Officer and Board Member

Albany International Office Locations

Albany International has offices in Rochester, Homer, Saint Stephen, Boerne and in 19 other locations
Rochester, US (HQ)
216 Airport Drive
Boerne, US
1281 N Main St
Homer, US
156 S Main St
Menasha, US
435 6th St
Saint Stephen, US
300 Albany St
Salt Lake City, US
506 Billy Mitchell Rd
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Albany International Financials and Metrics

Albany International Revenue

Albany International's revenue was reported to be $863.72 m in FY, 2017 which is a 10.8% increase from the previous period.
USD

Revenue (Q3, 2018)

253.3m

Gross profit (Q3, 2018)

93.0m

Gross profit margin (Q3, 2018), %

36.7%

Net income (Q3, 2018)

28.5m

EBIT (Q3, 2018)

41.4m

Market capitalization (14-Dec-2018)

2.2b

Closing stock price (14-Dec-2018)

67.5

Cash (30-Sep-2018)

160.6m

EV

2.5b
Albany International's current market capitalization is $2.2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

745.3m709.9m779.8m863.7m

Revenue growth, %

(5%)10%11%

Cost of goods sold

431.2m479.3m567.9m

Gross profit

278.7m300.6m295.8m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

172.3m178.8m172.3m203.2m191.3m199.3m215.6m222.1m230.0m486.2m253.3m

Cost of goods sold

117.7m103.0m99.8m124.9m118.9m123.4m152.5m142.7m148.3m312.4m160.2m

Gross profit

54.6m75.7m72.5m78.3m72.4m75.9m63.1m79.4m81.7m173.8m93.0m

Gross profit Margin, %

32%42%42%39%38%38%29%36%36%36%37%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

222.7m179.8m185.1m181.7m183.7m

Accounts Receivable

163.5m158.2m146.4m171.2m202.7m

Inventories

112.7m107.3m106.4m133.9m136.5m

Current Assets

522.5m460.1m452.1m501.3m543.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

212.8m208.4m206.8m195.5m170.8m182.5m171.8m169.6m176.0m196.2m143.3m138.8m153.5m151.4m154.7m160.6m

Accounts Receivable

158.8m152.4m148.5m147.5m163.4m161.0m151.9m150.8m176.3m170.7m174.3m193.1m199.9m248.5m249.5m252.5m

Inventories

119.0m121.4m123.9m121.6m104.8m109.6m110.3m110.4m145.4m138.7m150.5m151.5m157.1m100.0m97.7m99.8m

Current Assets

522.7m507.9m503.2m487.4m456.1m476.8m454.5m452.7m513.6m522.2m484.6m503.4m531.4m567.7m586.8m596.1m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

17.7m41.7m57.3m52.8m32.6m

Depreciation and Amortization

57.2m56.6m60.1m67.5m72.0m

Inventories

5.7m(744.0k)(8.3m)(12.5m)3.1m

Accounts Payable

955.0k640.0k(6.0m)2.1m2.9m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

4.7m10.7m11.2m11.8m12.2m(2.1m)9.7m13.3m10.1m13.4m11.0m1.2m15.2m10.5m40.8m69.3m

Depreciation and Amortization

14.2m14.1m14.3m13.7m13.5m13.4m13.0m13.1m15.1m16.5m14.6m15.2m18.1m20.9m40.6m60.4m

Inventories

290.0k(9.0m)(2.0m)(1.3m)(3.1m)(4.1m)(3.6m)(1.3m)(6.0m)(5.5m)(14.9m)1.7m(3.9m)(9.2m)(10.6m)(12.8m)

Accounts Payable

4.5m(1.3m)555.0k(2.1m)3.5m(4.9m)(3.1m)1.6m1.3m(4.4m)3.5m(1.5m)(4.8m)(2.5m)8.9m6.2m
USDY, 2018

EV/EBIT

61.4 x

EV/CFO

41.4 x

Financial Leverage

2.4 x
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Albany International Revenue Breakdown

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Albany International revenue breakdown by business segment: 68.4% from Machine Clothing and 31.6% from Albany Engineered Composites

Albany International revenue breakdown by geographic segment: 5.7% from China , 7.0% from Brazil , 6.6% from France, 17.1% from Switzerland , 53.2% from United States and 10.4% from Other

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Albany International Online and Social Media Presence

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Albany International Company Life and Culture

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Albany International Frequently Asked Questions

  • When was Albany International founded?

    Albany International was founded in 1895.

  • Who are Albany International key executives?

    Albany International's key executives are Olivier Jarrault.

  • How many employees does Albany International have?

    Albany International has 4,400 employees.

  • What is Albany International revenue?

    Latest Albany International annual revenue is $863.7 m.

  • What is Albany International revenue per employee?

    Latest Albany International revenue per employee is $196.3 k.

  • Who are Albany International competitors?

    Competitors of Albany International include International Textile Group, Andritz and Valmet.

  • Where is Albany International headquarters?

    Albany International headquarters is located at 216 Airport Drive, Rochester.

  • Where are Albany International offices?

    Albany International has offices in Rochester, Homer, Saint Stephen, Boerne and in 19 other locations.

  • How many offices does Albany International have?

    Albany International has 23 offices.